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Average revenue per mile for owner operators with their own authority

Discussion in 'Ask An Owner Operator' started by Truckee1, Oct 25, 2015.

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  1. Oct 25, 2015 #1
    Truckee1

    Truckee1 Bobtail Member

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    Oct 25, 2015
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    This study, http://www.dat.com/Resources/~/medi...apers/2013_Carrier_BenchMark_Surveyfinal.ashx,
    indicates that average revenue per mile for owner operators with their own authority (I presume) was as follows:

    2010: $1.75
    2011: $2.10
    2012: $1.95

    These numbers are dated, and I'm trying to get a sense for the current average revenue per mile for owner operators with their own authority. If you don't know of real study, does $2.00 resonate as an average, or is it too high?

    Thnks,
    Truckee1
     
    Truckee1, Oct 25, 2015
    Truckee1, Oct 25, 2015
    #1
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  3. Oct 25, 2015 #2
    Straight Stacks

    Straight Stacks Paper Cha$er

    2,930
    20,768
    Jul 18, 2015
    Alabama Gulf Coast
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    $2/mi is about spot on for me. Some runs more...ashamed to admit it but I have run a few this year for less.
     
    Straight Stacks, Oct 25, 2015
    Straight Stacks, Oct 25, 2015
    #2
    Flipflops and lots of character Thank this.
  4. Oct 25, 2015 #3
    truckon

    truckon Swamp Thing

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    Is that every mile the truck turns? Or just loaded miles?
     
    truckon, Oct 25, 2015
    truckon, Oct 25, 2015
    #3
  5. Oct 25, 2015 #4
    Truckee1

    Truckee1 Bobtail Member

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    Oct 25, 2015
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    According to the study, it's the average rate per loaded mile.
     
    Truckee1, Oct 25, 2015
    Truckee1, Oct 25, 2015
    #4
  7. Oct 26, 2015 #5
    DUNE-T

    DUNE-T Road Train Member

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    If you dont have direct customers and running only brokered freight, you will be making less than in 2010 right now :)
     
    DUNE-T, Oct 26, 2015
    DUNE-T, Oct 26, 2015
    #5
    Big_D409 and blairandgretchen Thank this.
  8. Oct 26, 2015 #6
    Bakerman

    Bakerman Road Train Member

    4,663
    8,812
    Jan 27, 2013
    Phoenix, AZ
    0
    2011-$102,248 gross-total miles 43,310-$2.36/mile gross
    2012-$108,778 gross-total miles 41,534-$2.62/mile gross
    2013-$130,941 gross-total miles 49,693-$2.64/mile gross
    2014-$175,997 gross-total miles 61,799-$2.85/mile gross
    Right now we're on pace with '14. Those are all miles, as I don't distinguish between loaded or empty bc of my situation. Most of my customers are in Phx and their product is in LA. Probably 50% of the time I am going to LA empty to pick up my loads.
    If I only calculated my loaded miles, it would really be skewed and not include the fact that I have to get to LA to get the majority of my product.

    The jump in revenue from '13 to '14 can be attributed to raising my rates for not so regular customers and also the fact that Dignity Health purchased 4 local hospitals in the Phx metro area.

    Just so happens they decided to replace all copiers and printers with new machines supplied by a co. that I haul for out of Irvine.
    Lots of machines going back & forth.

    It's nice to be in the right place at the right time. Some skill involved, but you cannot count out the luck factor.
     
    Bakerman, Oct 26, 2015
    Bakerman, Oct 26, 2015
    #6
    Terry270, trapt, Milkman719 and 6 others Thank this.
  9. Oct 26, 2015 #7
    Truckee1

    Truckee1 Bobtail Member

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    Is it by choice that you're limiting your miles to around 50K?

    My ultimate question is whether it is likely for a new O/O and some ambition and willingness to hustle to run about 100K miles average $2 a mile. I know, I know, it depends on this, that and the other thing, etc. etc. Of course it does. My question is how many of you guys are doing it? Can you get these loads for 100K miles if you work hard looking for them?
     
    Truckee1, Oct 26, 2015
    Truckee1, Oct 26, 2015
    #7
  10. Oct 26, 2015 #8
    Straight Stacks

    Straight Stacks Paper Cha$er

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    This is my first year running with my own authority and my average weekly net for all miles is around $3200-$3800.
     
    Straight Stacks, Oct 26, 2015
    Straight Stacks, Oct 26, 2015
    #8
    fargonaz, trapt and ChromeNut Thank this.
  11. Oct 26, 2015 #9
    Bakerman

    Bakerman Road Train Member

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    Phoenix, AZ
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    My customers dictate how many miles I run by how much product they order.
    I've added a customer or 2 every year so that is the reason for the increase in mileage.
    This week will by my 53rd trip to LA and I think I've made 3 to Las Vegas.
    I would rather increase my revenue by hauling higher value merch. than driving more miles-not a big fan of driving more.
     
    Bakerman, Oct 26, 2015
    Bakerman, Oct 26, 2015
    #9
    Ruthless, trapt, Pintlehook and 3 others Thank this.
  12. Oct 26, 2015 #10
    Straight Stacks

    Straight Stacks Paper Cha$er

    2,930
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    Alabama Gulf Coast
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    That right there is key. Glad you mentioned it. Less miles=less wear and tear on the truck, less fuel expense, less fuel tax exct.
     
    Straight Stacks, Oct 26, 2015
    Straight Stacks, Oct 26, 2015
    #10
    fargonaz and Bean Jr. Thank this.
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